The ECB ends QE but a dovish tone from Mario Draghi drove the Euro down a little today. “He’s playing the markets nicely”, says NAB’s David de Garis on today’s Morning Call podcast.
The markets have signalled their expectation for the outcome of the May leadership vote – listen to NAB’s Gavin Friend on The Morning Call. Plus, is China set to open market access for foreign firms?
Markets pulled both ways on conflicting news from the US – NAB’s Rodrigo Catril talks to me about the lowering of car tariffs and the threat of a government shutdown.
Weaker than expected US payrolls data saw a swift market reaction on Friday. NAB’s Ray Attrill says it has filtered through to the Aussie dollar this morning at the start of what looks set to be another choppy week.
No consensus at OPEC, a Huawei arrest and a weakening economy all impact equities and bond yields – but NAB’s David de Garis wonders whether the market mood actually reflects how the US economy is travelling.
Markets are buoyed by China’s optimism on a trade deal, whilst legal advice might have put paid to Theresa May’s Brexit plans. I talk to NAB’s Ray Attrill ahead of the OPEC meeting, and the day after those Aussie GDP numbers.
I wouldn't be confused that I am buying an Aldi caterpillar cake if I am in Aldi. I assume they wouldn't be selling M&S caterpillar cake. Apparently they use less caterpillars in the Aldi cake.